Top SID Instant EFT online casinos in South Africa 2023
SID Instant EFT is readily available at South African online casinos in 2023. This article will highlight top online gambling sites accepting Secure Instant Deposits and explain how this Electronic Funds Transfer casino deposit method works. SID EFT is an instant deposit method when used at online casinos, with it also possible to withdraw your winnings via this payment method. The top SID EFT online casinos for South Africa are:
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Best SiD Instant EFT casinos 2023
More: Full list of online casino banking methods
SID EFT has been a popular online payment method since 2007 with it one of the most respected in South Africa, with all of the biggest banks allowing their customers to use this service.
SID allows casino players to access their bank account via a secure login at the gambling site where you can transfer Rand instantly between your bank account and the online casino.
The beauty of SID is that you login to your bank where the details of your transaction have already been filled in, and you just have to approve the payment. You will then be sent back to the online casino where you will receive instant payment notification.
SID has got deals in place with other payment processors and merchants based overseas so transactions to offshore casinos are possible.
SID EFT has bank level security at online casinos, with things like the one-time PIN verification making sure you stay safe while using this online payment processor. SID is also a popular way to fund sports betting sites in South Africa.
NB: You must hold a South African bank account and have online banking set up to use SID payments.
Step by step: Guide SID Payments at ZAR online casinos
This section of our SID Instant EFT online casino payments guide will give you a step by step guide to using this service to fund your gambling account:
- Ensure you have a South African bank account and online banking:
Like we have previously said, you need to have a ZAR bank account to use this service. All of the major banks in South Africa have SID instant EFT for their clients, you just need to set it up.
- Find an online casino with SID Instant EFT:
Use gambling portals like the World Gambling List to find an on online casino with SID Instant EFT payments. All of the online casinos in the table above accept this deposit method. Read the reviews to find out more about each individual casino brand.
- Follow the casino sign up process:
Joining a South African online casino is only a few minute process. You will be required to fill out a form, with your personal details, including your email address, country, date of birth, address and telephone number. You will also be required to prove your identity before you can withdraw any real money winnings, so be sure to give the correct details during the casino sign up process.
- Making your SID payment in South Africa:
To begin making your SID EFT casino deposit, visit the banking or cashier section of the ZA online casino you have signed up at. Choose SID Instant EFT as your deposit method and follow the prompts. It’s likely a small window will open, which will require you to login to your SID banking account. Do so and then follow the prompts to finalise the payment.
- SID payment confirmation and getting started:
After you have completed the transaction, you will be sent back to the online casino banking section where you will be displayed a verification screen. With your online casino account now fully funded, you can begin playing all of the best online casino games for real money.
Withdrawals at SID online casinos
Another huge benefit of using SID Instant EFT as your choice casino banking is that you can also use it to make withdrawals. While SID casino withdrawals are not instant, they are as quick as any other cashing out methods. The withdrawal limit using SID is dependent on the online casino, rather than the withdrawal method. Often ZA online casinos will have a limit on how many Rand you can withdraw monthly, weekly or even daily. Rest assured the average punter generally gets nowhere near these cash out limits at online casinos.
Why use SID Instant EFT banking at online casinos
South Africa has a murky online gambling industry at best, with it all based at overseas locations, which means you need to be careful when gambling online. Some people are not even comfortable using credit cards to gamble online. SID Instant EFT payments can take a lot of the worry out of making transactions between yourself and online casinos.
- With SID Instant EFT no credit card details are stored by online casinos
- SID is a huge company in South Africa and a trusted brand
- Low fees – with it costing as little as Rand 200 monthly to have SID facilities on your bank account
- Paypal no longer works for South African gambling transactions and SID is a great alternative
- SID is also a viable payment option at mobile casinos
SiD Instant EFT gambling payment fees
Using SiD Instant EFT online casinos is free for players, although merchants might be charged a small fee per transaction, however in the big scheme of things this is negligible.
SiD Instant EFT gambling history
SiD Payments is an electronic funds transfer (EFT) service provider based in South Africa. It was established in 2007 as a subsidiary of Standard Bank and provides online payment solutions to merchants and e-commerce platforms in South Africa.
The company’s main product is the SID Instant EFT, which allows online shoppers to make payments using their internet banking credentials, without the need for a credit or debit card.
This payment method has been widely adopted by South African consumers and merchants as it is a secure and easy way to make online transactions. SiD Payments also offer other payment options such as Masterpass, Visa and Mastercard.
There has been very little negative press about SiD Instant EFT payments when gambling online, which is no surprise given the company they are backed by.
SID Instant EFT online casino deposits verdict
With reports of trouble making payments with Visas and credit cards to offshore online casinos from South Africa, SID Instant EFT is a great options to fund your online casino accounts. Low fees and high deposit limits make SID an ideal candidate to be your deposit method when playing at real money online casinos. The fact you can also claim some great casino bonuses when deposit with SID is just another little added bonus of using this South African online payment processor.